According to Reuters reports, China has launched an anti-dumping investigation into imports of pork and pork products from the EU. Many interpret this step as a response to the EU’s plans to limit the import of electric cars from China.
The launch of the investigation was announced on Monday by China’s Ministry of Agriculture and Trade. It will focus on pork and by-products (the so-called fifth quarter). The investigation began today and is expected to last for the next twelve months.
Retaliation for electric cars
The Chinese Ministry of Agriculture said that the initiation of the investigation was the result of a complaint submitted on June 6 by the local animal breeders’ association.
Many people interpret Beijing’s decision as a reaction to the announcement announced by the European Commission that the EU wants to impose anti-subsidy duties of 38.1% from July. for Chinese electric cars.
The Chinese do not hide their intentions very much. According to Reuters reports, signals had already appeared in state media about possible retaliatory measures in response to plans to limit the import of Chinese cars.
A spokesman for the European Commission said that for now the EC is remaining calm and will intervene appropriately to ensure compliance of the investigation with the regulations of the World Trade Organization.
EU pork exports to China
According to data cited by Reuters, EU countries account for more than half of China’s pork imports, and the sales value is approximately USD 6 billion. Spain accounts for a quarter of this amount, followed by the Netherlands (USD 620 million) and Denmark (USD 550 million).
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